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webtigerzhao's  Instablog

webtigerzhao
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CFA chartholder, specialized in areas of under valued stocks research. Focus on stocks in China markets, US markets,Canadian markets and Euro markets.
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  • XIN, A Company Just Can't Be Trusted.

    Please look at this news about this company. jn.focus.cn/ztdir/xinyuanbaoguang/

    Its product has serious problem and management is not honest to investor. On its 20f of 2008 to 2011, I can see a lots of issues.

    Maybe that's the reason its price is so low and the insider investor Blue Ridge sold out all their stakes.

    So be careful for this company.

    This is xin's product:jn.focus.cn/ztdir/20090706_xinyuan/index.php

    (click to enlarge)

    This is xin's CEO, stand behind safeguard, spoke to angry buyers.

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: XIN, Real Estate
    Dec 31 4:20 PM | Link | 2 Comments
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